technically he is right that wash sales are moving up the price, the difference is that shorts have to cover on the mark price which is usually the ASK price of the ticker. so shorts get burned bad on this one...got another 100 million for sale :)
Rule 1. DON'T GET GREEDY! Rule 2. Go back to rule #1. GREED.
INFORMATION PROVIDED IS MY DUE DILIGENCE AND OPINION ONLY.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.